Structural Estimation in Corporate Finance
Hyong-gu Hwang
August 5, 2025
This site contains my solutions to the project assignment from the Wharton summer school.
The course was taught by Toni Whited, Luke Taylor, and Stephen Terry.
Use the top menu bar to navigate to different sections:
---
title: Wharton 2025 Summer School
subtitle: Structural Estimation in Corporate Finance
author: Hyong-gu Hwang
date: August 5, 2025
---
---
This site contains my solutions to the project assignment from the Wharton summer school.
The course was taught by Toni Whited, Luke Taylor, and Stephen Terry.
<!-- 💼 [Dropbox Course Folder](https://www.dropbox.com/scl/fo/eb1kfpv844bqblso1tl94/AFw_OX98l26oShbGX3FDogc?rlkey=iqpwk1l2rwaccn6hnlb8ywdlb&st=fua5lh4v&dl=0) -->
🗓️ [Program Schedule](https://rodneywhitecenter.wharton.upenn.edu/program-schedule/)
Use the top menu bar to navigate to different sections:
- *Model* describes the dynamic model we are estimating.
- *Project* provides the project instructions and desired deliverables for each day.
- *Functions* contains the key functions used in the estimation